Submission of financial Result
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Darjeeling Ropeway Company Limited reported nil revenue from operations for Q1 FY26 (ended June 30, 2025), compared to Rs 91.01 lakhs in the same quarter last year — a complete collapse in top-line. With no income to offset operating expenses of Rs 17.58 lakhs (mainly Rs 14.39 lakhs in other expenses, Rs 2.85 lakhs depreciation, and Rs 0.33 lakhs employee costs), the company posted a pre-tax loss of Rs 17.58 lakhs. After a minor deferred tax credit of Rs 0.22 lakhs, the net loss for the quarter came in at Rs 17.36 lakhs, translating to a loss per share of Rs 0.57, versus a profit of Rs 30.75 lakhs (EPS Rs 1.01) in Q1 FY25. The Limited Review Report by K M Chauhan & Associates was clean with no qualifications. The company operates a single segment — trading of agricultural products.
Shareholders should note a sharp deterioration: the company went from a profit of Rs 30.75 lakhs a year ago to a loss of Rs 17.36 lakhs this quarter, with zero revenue. This raises serious concerns about business continuity and cash burn, and may pressure the stock price negatively until revenue resumes.